Westminster Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 79,774 | 58,774 | 21,000 | 2.7 | 0% |
| 2017 | 113,806 | 86,932 | 26,874 | 5.9 | — |
| 2018 | 130,840 | 118,889 | 11,951 | 5.1 | — |
| 2019 | 124,665 | 123,981 | 684 | 4.9 | — |
| 2020 | 142,061 | 135,765 | 6,296 | 5.1 | — |
| 2021 | 150,076 | 135,478 | 14,598 | 6.4 | — |
| 2022 | 165,089 | 160,830 | 4,259 | 5.7 | — |
In its most recent public year (2022), this organization brought in $4,259 more than it spent. Its reserves stood at about 5.7 months of spending, up from 2.7 in 2016.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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